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Naeem Holding (NAHO.CA) issued a report on Juhayna Food Industries – (JUFO.CA), reducing the stock’s fair value at EGP 6.3 and downgrading its recommendation from a “Buy” to a “Hold” for the coming period.
Meanwhile, Juhayna has reported a net profit of EGP 42.983 million during the first half of 2012, compared to EGP 50.136 million a year earlier.